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Global insurance and reinsurance brokerage group Aon has appointed Karl Hamann as Chief Executive Officer (CEO) of the Philippines, effective April 1, 2026, subject to regulatory requirements. From 2022, he serves as CEO Indonesia, implementing modernization initiatives, strengthening commercial execution and enhancing market connectivity. Harman will relocate to Manila in the coming months and will…
According to Hymans Robertson’s 2026 Risk Transfer Report, the pipeline of acquisitions expected to be completed in the coming months is very strong, with 2026 expected to be a record year for the market and likely to exceed £50 billion for the first time. The report notes that insurance companies are well-positioned to meet this…
Professional managing general agent (MGA) Prestige Underwriting has announced the promotion of Katy Peacock to head of home, product and governance. In her new role, Peacock will leverage her more than 20 years of personal lines underwriting experience to oversee the development and governance of Prestige’s home insurance product portfolio, which includes ensuring rigorous underwriting…
Global insurance and reinsurance broker Howden has announced the appointment of Shunsuke Takechi, an experienced and qualified Japanese lawyer with over 13 years of experience, as Head of Japan M&A. Takechi has the unique reputation of being the first and only registered senior Japanese attorney in the insurance brokerage industry. His expertise spans a variety…
Atrium, the specialist insurance company owned by Lloyd’s, has announced the appointment of Hayley Budd as head of innovation, a newly created role designed to drive the company’s strategic transformation. Budd will be responsible for leading innovation, working with Atrium’s market-leading underwriting team to transform existing business lines to meet the needs of emerging customers….
Zambia-based reinsurer Klapton Re will list directly on the Lusaka Stock Exchange (LuSE) on March 24, 2026, subject to regulatory approvals, reaffirming the reinsurer’s continued growth and the increasing maturity and resilience of Zambia’s financial markets. Founded in 2020, Klapton Re provides ad hoc and treaty reinsurance services in Africa, Asia and the United States….
Professional managing general agency (MGA) Optio Group announces the acquisition of AGS Forsikring AS (AGS). Founded in 2008 by Lars-Petter Myklebost and headquartered in Oslo, AGS provides insurance solutions and claims processing in the energy, sports and fine arts sectors. MGA manages individual accident claims for the Scandinavian sports federations through proprietary IT systems, provides…
Radian Group Inc. has completed its previously announced $1.67 billion acquisition of Inigo Limited, a specialty insurance group underwritten through Lloyd’s of London. The acquisition, which reportedly received all necessary regulatory approvals late last year, will transform Radian from a leading U.S. private mortgage insurer into a global, diversified, multi-line specialty insurer, significantly expanding its…
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and advisory services company, announced that its claims and risk management solutions subsidiary Gallagher Bassett has acquired Reck & Co GmbH (Reck & Co.). Headquartered in Bremen, Germany, Reck & Co. is a specialist provider of global transport and marine claims services, including surveying,…
David Flandro, managing director, head of industry analysis and strategic consulting at reinsurance brokerage Howden Re, said the company expects non-traditional lines to surpass the broader property and casualty insurance market by 2030 and will pay close attention to changes in reinsurance demand. In a recent video interview with Reinsurance News, Flandro said there are…